Navoday Enterprises Ltd
Incorporated in 2007, Navoday Enterprises
Ltd is in the business of Media Services and Consulting[1]
- Market Cap ₹ 5.86 Cr.
- Current Price ₹ 7.60
- High / Low ₹ 14.1 / 0.00
- Stock P/E 15.4
- Book Value ₹ 11.3
- Dividend Yield 0.00 %
- ROCE 2.63 %
- ROE 1.91 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.67 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -11.6% over past five years.
- Promoter holding is low: 20.9%
- Company has a low return on equity of 5.59% over last 3 years.
- Working capital days have increased from 78.7 days to 204 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Miscellaneous Industry: Miscellaneous
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|
| 23.12 | 16.52 | 48.24 | 26.33 | 45.55 | 12.47 | 14.21 | |
| 22.06 | 15.73 | 46.90 | 25.60 | 44.64 | 12.14 | 13.69 | |
| Operating Profit | 1.06 | 0.79 | 1.34 | 0.73 | 0.91 | 0.33 | 0.52 |
| OPM % | 4.58% | 4.78% | 2.78% | 2.77% | 2.00% | 2.65% | 3.66% |
| 0.00 | 0.00 | 0.03 | 0.11 | 0.00 | 0.03 | 0.00 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.31 | 0.32 | 0.26 | 0.21 | 0.17 | 0.14 | 0.13 |
| Profit before tax | 0.75 | 0.47 | 1.11 | 0.63 | 0.74 | 0.22 | 0.39 |
| Tax % | 25.33% | 25.53% | -1.80% | 41.27% | 40.54% | 22.73% | |
| 0.56 | 0.35 | 1.13 | 0.36 | 0.44 | 0.16 | 0.38 | |
| EPS in Rs | 3.65 | 1.16 | 0.57 | 0.21 | 0.49 | ||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -12% |
| 3 Years: | -36% |
| TTM: | -59% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -22% |
| 3 Years: | -48% |
| TTM: | 19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 20% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 6% |
| Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 1.55 | 1.55 | 3.85 | 7.71 | 7.71 |
| Reserves | 1.38 | 1.73 | 1.32 | 1.68 | 4.43 | 0.73 | 1.00 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 3.92 | 3.39 | 10.91 | 8.91 | 6.11 | 2.43 | 4.54 | |
| Total Liabilities | 5.31 | 5.13 | 13.78 | 12.14 | 14.39 | 10.87 | 13.25 |
| 1.76 | 1.44 | 1.18 | 0.97 | 0.79 | 0.65 | 0.59 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 |
| 3.05 | 3.19 | 12.10 | 10.67 | 13.10 | 9.72 | 12.16 | |
| Total Assets | 5.31 | 5.13 | 13.78 | 12.14 | 14.39 | 10.87 | 13.25 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| 0.93 | 0.13 | 0.60 | 1.51 | -4.27 | -0.07 | |
| -0.98 | 0.00 | 0.00 | 0.00 | 4.61 | 0.00 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Cash Flow | -0.05 | 0.13 | 0.60 | 1.51 | 0.34 | -0.07 |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| Debtor Days | 47.99 | 65.40 | 46.38 | 38.12 | 14.02 | 28.39 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 47.99 | 65.40 | 46.38 | 38.12 | 14.02 | 28.39 |
| Working Capital Days | -11.05 | -0.66 | 3.93 | -4.71 | 36.38 | 204.31 |
| ROCE % | 30.03% | 48.16% | 20.66% | 12.86% | 2.63% |
Documents
Announcements
- Compliance Under Regulation 40(9) & 40(10) Of SEBI (Listing Obligations Disclosure Requirements) Regulation 2015. 25 Apr
- Compliance Certificate 18 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 11 Apr
- Closure of Trading Window 29 Mar
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 11 Jan
Business Overview:[1]
Company provides outdoor, print, ground events/ activations and digital marketing. Its primary offering is out-of-home media also known as OOH advertising which includes advertising on hoardings, billboards on roads, highways, streets, lamp post boards, mobile sign trucks, kiosks, traffic booths, etc. Company's outdoor media operations are spread across Mumbai and Thane. Company is also engaged in events management which includes planning, organizing, and managing events. It manages commercial events, corporate events, cultural events, small brand promotion events for their clients. Also,
it is engaged in branding and designing through print and online & digital media. It designs various publicity materials for their clients viz. pamphlets, brochures, flyers, etc. for their own consumption. Company has in-house design capabilities for the same